China blamed fierce competition for their Rio flop and promised to examine their "shortcomings" after slumping to their worst Olympic performance in 20 years.
Tracy McGrady scored 32 points as the Rockets soared to an easy 90-69 win over the short-handed Dallas Mavericks.
Tim Duncan hit a 19-foot jumper just before time expired to give the San Antonio Spurs a dramatic 94-92 win over the Cavaliers.
The South Americans beat Italy 84-69 to win the Olympic men's basketball title for the first time.
Jalen Rose scored 26 points as the Toronto Raptors upset the Los Angeles Lakers 108-102.
A list of some of sport's greatest comebacks after Tiger Woods ended an 11-year major championship drought with victory at The Masters on Sunday.
The Americans remain in the competition but the setback -- only their third loss in 112 Olympic matches spanning 72 years -- is a huge embarrassment.
The stunning star appearances at GQ's Fashion Nights in Mumbai.
Images from Day 5 of the Australian Open in Melbourne on Friday.
India's squash ace Dipika Pallikal will be in action against the formidable Nicol David in the semi-final round on Monday, the third day of the Asian Games.